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Property profile & analytics
FOR LEASE
Automotive properties
8038 Guide Meridian Rd Lynden, WA 98264
Individually Owned
4-yr Hold
Free & Clear
Property ID
US90-1155884
For Lease
$15 SF/Yr
8038 Guide Meridian Rd, Lynden, WA 98264
View Listing →
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1959
Total area
15,326 SF
Lot
2.78 ac (121,097 SF)
Zoning code
CSR
APN
400330 032457 0000
UPID
US90-1155884
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Riverside Estates Campground & RV Park
-
Antojos Mexico Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$730k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$605k
Owner & transaction history
Straussner Beck · 4 yrs held
Straussner Beck
since 2022
Last sale
$554,000
6 recorded transactions
Zoning & alternative use
CSR · Lynden, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lynden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynden submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$575,000
ML approach
$730,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $554k (Mar 3 2024)
Last sale anchor
$554k
Mar 3 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$39 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$14,296
Tax year 2024
Assessed value
$1,992,855
Assessed 2023
Previous assessed
$1,883,897
+5.8% YoY
Effective rate
0.72%
On assessed value
Assessed land
$1,694,882
Assessed improvement
$297,973
Land market value
$1,694,882
Improvement market value
$297,973
Total market value
$1,992,855
Applied tax rate
400.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
For Lease
Year built
1959
Heating
NONE
Cooling
YES
Total area
15,326 SF
Lot
2.78 ac (121,097 SF)
Zoning code
CSR
APN
400330 032457 0000
UPID
US90-1155884
Jurisdiction
WHATCOM
Zoning & alternative use
CSR · Lynden, WA
Zoning CSR · permitted uses
CSR · Lynden, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynden. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1959
Heating
NONE
Cooling
Yes
Lot
2.78 ac
Current owner
From public records · entity-resolved
Straussner Beck
Individual
Free & Clear · 4 yrs held
Mailing address
8038 GUIDE MERIDIAN RD, LYNDEN, WA 98264-9210
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2022
—
Straussner Beck
James & Andrea Clay Family LLC
Warranty Deed
—
Jan 14, 2022
—
Straussner Beck
James & Andrea Clay Family LLC
Warranty Deed
—
Feb 27, 2009
$1,700,000
James & Andrea Clay Family LLC
David & Susan Peterson Fam LLC
Grant Deed
$1,700,000 · David & Susan Peterson Fam LLC
Jun 28, 2007
—
State Of Wa Dept/transportation
David & Susan Peterson Family
Warranty Deed
related
—
Mar 13, 1998
—
Peterson Family LLC
Peterson,david L & Susan J
Quit Claim Deed
related
—
—
—
David & Susan Peterson Family
—
Deed Of Trust
related
$506,852 · Key Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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